Life Insurance

Life insurance is one of the traditional areas for actuarial activity, and there are statutory requirements for actuarial reports. The market is continually evolving and developing new products and changes are being made to relevant international accounting standards. These developments lead to continuing calls for expert actuarial advice.

We have wide experience in all areas of the operation of life insurance as well as in all aspects of actuarial investigations and valuations. We are the Appointed Actuary for several general and life insurers fulfilling the statutory role under the Insurance (Prudential Supervision) Act 2010.

This newsletter looks at the issues paper recently released by the Reserve Bank in regard to their review of the Insurance (Prudential Supervision) Act 2010. We discuss the key issues for non-life insurers, perhaps the most important of which is mainta …

In this paper, we examine different distribution mechanisms in use around New Zealand by community trusts, iwi, and other similar organisations. We analyse how three simple distribution rules would fare following a large negative investment shock. The …